Who’s buying the $SPCX dip? 🚀
SpaceX is now down -52.5% from its all-time high.
The stock is trading around $107/share, valuing the company at roughly $1.4T.
It’s funny how the market works.
When it was above $3T, people couldn’t buy it fast enough. Now that it’s been cut in half, many suddenly think it’s “too risky.”
One of the greatest investing lessons is that the stock is NOT the business. The market is simply there to serve you, NOT to tell you what a company is worth every day.
Mr. Market gets emotional and gets drunk many times. All while the world’s best businesses and team keep executing.
Ask yourself these question.
Has Starship stopped flying?
Has Starlink stopped adding customers?
Has innovation slowed down?
Has the mission changed?
Fuck no.
Progress doesn’t give a shit about what the stock price did this week.
To win in the stock market, you have to be fearful when others are greedy, and greedy when others are fearful. The BIGGEST opportunities show up when sentiment is at its worst.
I personally believe SpaceX will be remembered as one of the most important companies in human history. It’s building the world’s largest reusable rocket, connecting the planet with Starlink, and laying the foundation for a multiplanetary future.
If you believed in the company at a $3T valuation, why wouldn’t you at $1.4T?
This is a $100T company trading at $1.4T today.
Of course not financial advice bc everyone’s financial situation and timeframe is different... just sharing my live thoughts from Yosemite.
@JavierHermosa21 Too many Bitcoin-related financial products from Strategy confuse many investors. At its all-time high, it was simpler than it is now. As Steve Jobs said, "Simple can be harder than complex."
I could be wrong here..Elon & Jack Dorsey admired each other 2016-2022, but tensions between them rose post-2022 Twitter acquisition. Elon once speculated Jack might be Satoshi in a joking way. Their fallout might explain Elon pausing Bitcoin buys, but no clear evidence confirms this.